Nature 20 20Importance 20of 20Entrepreneurs by 0DuByku

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									Nature & Importance of
    Entrepreneurs
        History of Entrepreneurship
   Earliest
       Marco Polo
   Middle Ages
       Richard Cantinoon
   18th Century
   19th & 20th Century
       Carnegie
       Innovator
     History of Entrepreneurship

   Today
Entrepreneurial Decision Process
   Change from Present Lifestyle
       Work environment
       Disruption
   Desirability of New Venture Formation
       Cultural
       Subcultural
       Family Teachers
       Peers
Entrepreneurial Decision Process

   Possibility of New Venture Formation
       Government
       Background
       Marketing
       Finance
       Role models
               Types of Startups

   Lifestyle Firms
       Modest growth
   Foundation Company
       Private investors
   High-potential Venture
       Public investors
        Entrepreneurship & Economic
                Development
   How does entrepreneurship help the economy?
   Product-evolution process
       Basic knowledge
       Iterative synthesis
       Degrees of uniqueness
            Ordinary innovation
            Technological innovation
            Breakthrough innovation
        Entrepreneurship & Economic
                Development
   Mechanisms for Commercialization
       Government
       Intrapreneurship
            Company systems
       Entrepreneurship
            Most common
            Entrepreneurial Careers &
                    Education
          Life-cycle approach
    I.      Education & Childhood work experience
    II.     Childhood influences on personality, values,
            and interests
    III.    Childhood family environment
    IV.     Employment history
    V.      Adult development history
            Entrepreneurial Careers &
                    Education
         Life-cycle approach
    VI.     Adult family/ nonwork history
    VII.    Current work station
    VIII.   Individual’s Current Perspective
    IX.     Current family/ nonwork situation
        Entrepreneurial Education

   Colleges
   Major skill sets
       Technical
       Business
       Personal
   MBA?
    Ethics & Social Responsibility
   Entrepreneurs & Ethics
   International Considerations

   Future of Entrepreneurship
       Education
       Government
       Society
       Large companies

								
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